Woman's Hour cover image

Bridget Phillipson MP, Catherine Newman, Chanel Contos, Rachel Thompson, Karen Krizanovich, Baroness Altmann

Woman's Hour

00:00

Is There a Need for Flexibility in State Pensions?

I think that the idea of encouraging people to work longer is right, and you shouldn't expect to retire at any particular age. So recognise that there might be a need for some flexibility where people can get some access to state pension earlier than the average age. This isn't a fund of money. This is social welfare. It's part of actually our benefit system. And in that case, I think it would be much fairer across society to make sure that those people who are genuinely not well enough to keep working don't stay healthy beyond around 61, 62. That might work. Perhaps our system could say, if you want to save money, 45 years is what you need for a

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